236 CHRISTIAN ALLHUSEN 



Charles Attwood and Co. started in the year 

 1834. This firm failed to make them a 

 success during the six years they were in 

 operation. From 1840 to 1846 the business 

 was conducted under the title of Allhusen, 

 Turner and Co. ; then it was changed to 

 C. Allhusen and Co., and afterwards to 

 C. Allhusen and Sons. 



After the Limited Liability Acts were 

 passed, and when the chemical trade was in 

 a prosperous state, this private firm was 

 converted into a joint-stock company, entitled 

 the Newcastle Chemical Works Company, 

 Limited. It was registered on the 3Oth 

 December, 1871 the capital was ,510,000, 

 in 60,000 shares of ,8. los. each ; but in 

 June, 1883, it was reconstructed, the capital 

 being reduced to ,300,000, 240,000 being 

 in 60,000 shares of "4 each, and "60,000 in 

 60,000 shares of "1 each, the dividend of tke 

 preference shares being cumulative. 



This firm has suffered from the general 

 depression which for so many years has 

 rested on the Leblanc soda trade ; and 

 although Christian Allhusen has been the 

 chairman of the company, yet with all his 

 astuteness he has not been able to earn for 

 the ordinary shareholders any dividend since 



